Dfc

NEW DELHI: The Railways hope to grab large share of goods at present transported by roads once the dedicated freight corridor (DFC) becomes operational. Work on the Delhi-Mumbai and Ludhiana-Howrah section of the DFC will begin soon as the project is very important for us. This will help Railways in carrying 60 per cent of goods that are currently transported by roads," said Railways Minister Lalu Prasad here on Monday. Admitting a slight delay in...

NEW DELHI: Railways today assured the industry that the ambitious Rs 81,459 cr worth 'Dedicated Freight Corridor' (DFC) project, meant for faster goods movement, will be completed by 2019. "Prevailing scenario in goods transportation is not very good and everybody wants faster movement. Railways is constructing separate corridors for freight to speed up transportation and it will be completed in time," Minister of State for Railways Manoj Sinha...

MUMBAI: Prologis, the US based leader in supply chain distribution services, is looking at developing a few of the sixteen logistics parks, being planned by Indian Railways (IR) along the Dedicated Freight Corridor (DFC) route. The corridor will run across states, connecting various production centres to seaports and provide faster transit of cargo. ProLogis is a manager, developer and owner of over 2,460 distribution facilities in 80 locations across the world and had initiated...

NEW DELHI: Railways today assured the industry that the ambitious Rs 81,459 cr worth 'Dedicated Freight Corridor' (DFC) project, meant for faster goods movement, will be completed by 2019. "Prevailing scenario in goods transportation is not very good and everybody wants faster movement. Railways is constructing separate corridors for freight to speed up transportation and it will be completed in time," Minister of State for...

NEW DELHI: Dedicated Freight Corridor Corporation has awarded a major contract worth Rs 1497 crore to Alstom-ATSA for carrying out electrification and signalling system on the Bhaupur-Khurja section of the Eastern DFC The system contract has been awarded for the 343-km long Bhaupur (Kanpur)- Khurja section to Alstom India-ATSA joint venture, said a senior DFCC official. The work in the section is funded by the World Bank . The work involves design and construction of...

State-owned Container Corporation of India (Concor) has a strong balance sheet, near monopoly position, ongoing capex, and high barriers of entry. However, its current stock valuation appears to reflect the positive impact of a much-anticipated economic revival on its growth potential. It means there could be a limited upside to the stock price in the short term.In addition, future growth from the capacity expansion is still a few years away. Over...

Seated in his Delhi office Amitabh Kant says with a tinge of sarcasm: "I am not here to build a mall. " The chief executive of the $100-billion Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), India's biggest-ever infrastructure project, is piqued about "some people" saying that the project is "not on the fast track". Several government officials ET Magazine spoke to say DMICDC — which in its first phase will set up...

NEW DELHI: The civil aviation ministry has put in motion a process to scrap the controversial Domestic Flying Credit (DFC) model, which was proposed as replacement for the so-called 5/20 eligibility norms for Indian carriers to launch overseas operations but was opposed by all airlines. Under the 5/20 rule, an airline must have at least 20 aircraft and five years of experience in domestic operations before seeking to spread its wings abroad. The...

NEW DELHI: The Cabinet Committee on Economic Affairs today approved the revised cost estimate of Rs 81,459 crore for the Eastern and Western Dedicated Freight Corridor (DFC) Project, including land costs and financing plan. DFC aims to spur economic growth and is being created for the exclusive movement of freight. Cleared by the Prime Minister Narendra Modi-headed CCEA, the revised cost estimate comprises construction cost of Rs 73,392 crore. ...

NEW DELHI: Induction of cutting-edge rail technology seems to be the hallmark of the dedicated freight corridor (DFC) with several state-of-the-art systems being acquired for the ambitious Rs 80,000-crore project. Track-side train machine, locomotive communication system and thermal imaging cameras are going to be integral to the DFC operation, said Railway Board Member Alok Johri. New technology like thermal imaging camera in track-side equipment will be used to detect...

NEW DELHI: Gearing up for hauling maximum loadings in the upcoming dedicated freight corridor (DFC), the railways have decided to procure 200 high horse power (HP) electric locomotives including import of 40 locos from Japan. In addition to its 6000 HP locomotives, the national transporter will acquire 9000 HP electric engines to increase its haulage capacity. "We will procure 200 high HP electric locomotives for the DFC, out of which 40 will be...

NEW DELHI: The civil aviation ministry has put in motion a process to scrap the controversial Domestic Flying Credit (DFC) model, which was proposed as replacement for the so-called 5/20 eligibility norms for Indian carriers to launch overseas operations but was opposed by all airlines. Under the 5/20 rule, an airline must have at least 20 aircraft and five years of experience in domestic operations before seeking to spread its wings abroad. The ministry, under the new...

NEW DELHI: The Cabinet Committee on Economic Affairs today approved the revised cost estimate of Rs 81,459 crore for the Eastern and Western Dedicated Freight Corridor (DFC) Project, including land costs and financing plan. DFC aims to spur economic growth and is being created for the exclusive movement of freight. Cleared by the Prime Minister Narendra Modi-headed CCEA, the revised cost estimate comprises construction cost of Rs 73,392 crore. ...

NEW DELHI: In an effort to fast-track completion of crucial rail infrastructure projects, Dedicated Freight Corridor Corporation (DFCC) has tied up with Sojitz- L&T for the electrification of the 925 km-long Western Dedicated Freight Corridor track between Rewari and Vadodara. Funded by Japan International Cooperation Agency (JICA), the largest single railway electrification work in India so far involving traction power supply, over head equipment (OHE) and other...

NEW DELHI: Induction of cutting-edge rail technology seems to be the hallmark of the dedicated freight corridor (DFC) with several state-of-the-art systems being acquired for the ambitious Rs 80,000-crore project. Track-side train machine, locomotive communication system and thermal imaging cameras are going to be integral to the DFC operation, said Railway Board Member Alok Johri. New technology like thermal imaging camera in track-side equipment will be used to detect...

Railway Board chairman Arunendra Kumar says India should get its first bullet train in 2022. In a freewheeling chat with ET Magazine two days after the Rail Budget mentioned India's bullet train dreams, Kumar was confident that the resources would be mobilized. Excerpts: On the bullet train plan The speed of Indian trains has remained stagnant since the 80s. We thought about increasing the speed in the past, but the sixth pay...

NEW DELHI: Ruling out the privatisation of the national transporter, Railway Minister Pawan Kumar Bansal today sought private participation in big-ticket rail projects. "The scope is much more for private participation in rail projects. But I am not talking of privatisation of railways. Rail tracks will remain with railways. Core functioning of railways will remian with railways," Bansal said at an ASSOCHAM seminar here. He said,...

NEW DELHI: Electrifying the dedicated freight corridor would make the project more expensive, the chief of the Japanese rail company which runs the famed bullet train has said while finding fault with the condition set by his country's global funding agency for clearing loans for work on the route. The Japan International Cooperation Agency (JICA) had suggested that the proposed Western Dedicated Freight Corridor connecting Dadri with Navi Mumbai be electrified. But...